Withholding tax rates on electricity consumption for tax year 2019

KARACHI: The electricity supply company shall collect advance tax from industrial and commercial consumer as per updated withholding tax card for tax year 2019 issued after amendments made to Income Tax Ordinance,... Read more »

Sales Tax Act 1990: tax payment by company in liquidation

KARACHI: The sales tax law has defined the procedure for liability for payment of tax in case of private company is in state of liquidation. Read more »

Smuggling through ATT biggest threat to economic growth: PBC

KARACHI: Pakistan Business Council (PBC) in its budget proposals 2019/2020 has said that smuggling through Afghan Transit Trade is the biggest threat for economic growth of the country. Read more »

DG Transit Trade announces auction of POL products on May 09

KARACHI: Directorate General of Transit Trade, Karachi has announced auction of confiscated POL products to be held on May 09, 2019. Read more »